3 ms·
Correction: it means they trade private money. This could be their own money, but more often than not, it's the owner's/partner's money.
by harmegido 12y ago
Correction: it means they trade private money. This could be their own money, but more often than not, it's the owner's/partner's money.
- mlrtime 12y agoThe exact definition of proprietary trading is trading with the firm's own money. Public/private is an entirely different dimension. There are no sales reps with prop trading, it isn't an agency. http://en.wikipedia.org/wiki/Proprietary_trading http://en.wikipedia.org/wiki/Proprietary_trading